Law360, New York (August 8, 2017, 8:32 PM EDT) -- Nissan is the latest automaker to settle allegations in multidistrict litigation over defective Takata Corp. air bags, agreeing to a $97.7 million payout, consumers told a Florida federal judge Tuesday.
The preliminary settlement, if approved, would make Nissan the fifth automaker to be released from litigation, after Toyota, Subaru, Mazda and BMW agreed to pay a combined $553.6 million in May. (AP) Consumers will receive $87 million in a settlement fund, will be allowed to apply for reimbursement for everything from child care payments and towing fees to lost wages, and Nissan will create a free rental vehicle program, the plaintiffs...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!